Market Risk Reporting Job Description
Market risk reporting
provides support in analyzing of traded risk (market risk, issuer risk, market liquidity risk and counterparty credit risk) using market risk models/systems, including VaR and stress testing measures, and if needed produce analytical spreadsheets those risk in new products or variations on existing products.
Market Risk Reporting Duties & Responsibilities
To write an effective market risk reporting job description, begin by listing detailed duties, responsibilities and expectations. We have included market risk reporting job description templates that you can modify and use.
Sample responsibilities for this position include:
Provide support to risk managers for ongoing monitoring and reporting of risk exposures for the Securitized Products business
Analyzing VAR and PNL for risk/return analysis
Developing working relationship with the internal Finance teams, Product Control, Market Risk Technology, and the Market Risk Coverage team
Contribute to the broader risk organization via working on cross functional teams and supporting ad-hoc departmental initiatives larger projects
Provide support to risk managers for ongoing monitoring and reporting of risk exposures for the Emerging Markets businesses
Analyze VAR and PNL for risk/return analysis
Understand key market movements in order to explain weekly stress changes to Senior Risk Management
Provide support to risk managers for ongoing monitoring and reporting of risk exposures for the Rates / FX businesses
Managing a team of 5 analyst and associates
Provide support to risk managers for ongoing monitoring and reporting of risk exposures for the Credit Trading businesses
Market Risk Reporting Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Market Risk Reporting
List any licenses or certifications required by the position: FRM, CFA
Education for Market Risk Reporting
Typically a job would require a certain level of education.
Employers hiring for the market risk reporting job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Economics, Engineering, Management, Accounting, Business, MBA, Statistics, Mathematics, Finance/Accounting
Skills for Market Risk Reporting
Desired skills for market risk reporting include:
Financial products
Market risk and financial products
Market risk metrics and financial products
Financial markets
Business Objects
Microsoft Excel and Access
Risk reporting systems and market risk stress and VaR infrastructure
RDS/ Mars risk systems
Commodity
Equity trading
Desired experience for market risk reporting includes:
Strong product knowledge across a range of asset classes ie..Credit, Rates, Equities, and Commodities including their eligibility under Basel rules
Strong Excel skills with VBA programming experience (computer science background preferred)
Strong knowledge of products that generate issuer default exposure risk, , fixed income securities, equities, credit derivatives, preferred
Proficiency in other Microsoft products including PowerPoint, Word, Outlook
Undergraduate degree in Business, Accounting or Finance or the equivalent combination of education and experience
CPA/CA/CMA/CGA securities/banking industry licenses desired
Market Risk Reporting Examples
1
Market Risk Reporting Job Description
Job Description Example
Our company is searching for experienced candidates for the position of market risk reporting. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for market risk reporting
- Provide support to risk managers for ongoing monitoring and reporting of risk exposures for the Equities Trading businesses
- Provide timely accurate and complete market risk regulatory and economic capital reporting and analysis, owning the end to end processes that facilitate this reporting stream
- Maintain a thorough understanding of the methodologies used for Value at Risk (VaR), Stress VaR, Specific Risk (SR), Incremental Risk Charge (IRC) the Standardized Approach calculations
- Provide support to risk managers for ongoing monitoring and reporting of risk exposures for the Commodities Trading businesses
- Managing the reporting teams in New York an Delaware
- Developing and enhancing the reporting framework for internal reporting purposes
- Working closely with Market Risk Management, Finance, line of business and Market Risk middle office and technology teams to build and support the reporting infrastructure
- Acting as the point person for ongoing monitoring and reporting of risk and finance metrics
- Oversee the aggregation of reports and metrics across the firm
- Maintain data quality in the reporting process and utilize system and user tools to control the accuracy of report results
Qualifications for market risk reporting
- Detailed technical knowledge of RDBMS (SQL Server or Oracle) and database design methodologies
- Fully competent in PC applications (i.e., spreadsheets - Excel, word processing - Word, presentations - PowerPoint, ) plus ability to quickly learn relevant and potentially complex, add-on applications is also required
- Good organizational and time management skills to deal effectively with multiple time demands in very tight timelines
- Progressive experience within a large multi dimensional organization
- Reporting and performing validation checks on market risk movements
- Strong spreadsheet and database skills (incl
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Market Risk Reporting Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of market risk reporting. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for market risk reporting
- Development, implementation, and maintenance of Market Risk reports covering most asset classes
- Manage Start-of-Day process such as Feeds management and data quality
- Responding to Market Risk coverage groups across businesses with metrics to make the important risks and P&L drivers more transparent to senior management
- Assisting in a wide range of on-going and new projects with Risk Management, Finance, Technology, Valuation, Quantitative Research, Model Review Group, Basel Groups
- Provide timely accurate and complete market risk reporting and analysis, owning the end to end processes that facilitate this reporting stream
- Maintain a thorough understanding of the methodologies used for Value at Risk (VaR), Stress VaR, Specific Risk (SR), Stress Test scenario
- Generate trends and reports daily for senior management, and communicate key/material changes to all stakeholders
- Monitor exposure usages, and report breaches to senior management and OSFI
- Perform daily back testing, weekly Operating Committee report, and quarterly trend analysis report
- Perform daily reconciliation between EMR and local market risk team
Qualifications for market risk reporting
- Strong Excel skills with VBA programming experience (programming experience preferred.)
- Minimum 2 year experience in trading or trading risk management roles
- Excellent knowledge of MS Excel and exposure to MS Access and other database programs
- Leading the BAU team on performing validation checks on market risk movements
- Strong analytical skills, prioritization skills and knowledge around general principles of credit and market risk
- Previous experience in risk reporting, credit risk or market risk
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Market Risk Reporting Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of market risk reporting. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for market risk reporting
- Maintain the database for historical trend analysis
- Lead FRM regulatory and public disclosure reporting efforts, 10-K/Q, CCAR, Stress Testing
- Develop technology where needed
- Line management of a team of analysts / associates providing day to day support for recipients of Market Risk information
- Perform various daily data quality checks on risk measures within agreed controls
- Research and resolve Line of Business Finance, MRM and Audit inquiries with respect to risk measures
- Preparation, collation and enhancement of management reports
- Implementation and maintenance of appropriate controls (checks and balances) in the production of data, results and reports to ensure consistency and accuracy
- Liaise with market risk colleagues in the development of market risk models and documentation relating to how information needs to be reported for internal and external stakeholders
- Preparation of management reporting and presentations
Qualifications for market risk reporting
- Production of market risk reporting packs that are submitted to EMEA Senior Management, Risk Committees, CROs, Board of Directors and regulators
- Skilled with using Microsoft products
- Support the BAU team on performing validation checks on market risk movements
- BSc or MSc level – in Mathematics, Computer Science, Quantitative Finance or similar
- Have experience working as a functional expert on an agile team
- Be comfortable working closely with a geographically distributed development and planning team
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Market Risk Reporting Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of market risk reporting. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for market risk reporting
- Consolidate and report monthly key performance metrics including explains on drivers / themes
- Manage headcount and financials management and tracking
- Support the department’s business resiliency planning
- Manage governance processes and various periodic recertifications across the department
- Coordinate the production and distribution of daily/weekly/monthly market and liquidity risk reports to the business units
- Develop stress testing, scenario analysis and reporting process for expected exposure values to include margin calls and expected margin requirements
- Proactively identify material report discrepancies if any
- Work with a major change program to implement and build out new market risk reporting and the underlying infrastructure
- Deliver and embed change into BAU reporting
- Produce and deliver accurate, timely and relevant risk reports to users
Qualifications for market risk reporting
- Experience driving complex end to end projects with multiple stakeholders
- Experience working with a large, distributed Agile development team
- Hands on experience with data validation, variance testing and regression testing
- Familiarity with functional programming
- Familiarity with regulatory initiatives, data analysis and reporting
- Experience with distributed systems / Big Data / Data Visualization
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Market Risk Reporting Job Description
Job Description Example
Our innovative and growing company is hiring for a market risk reporting. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for market risk reporting
- Establishes and builds relationships with stakeholders to identify business requirements and provide appropriate support and guidance, using technical and reporting expertise
- Access administration for LAN drive and sharepoint
- Administration support like payments, tracking of expenses, accruals
- Perform UATs on various system releases and patches
- Leading a team of Market Risk Reporting Analysts
- Drive the delivery of risk data analytics to shape insights for decision-making, and continuous improvements in efficiency and robustness of internal/regulatory reporting
- Oversee the preparation, submission, and disclosures relating to regulatory risk standards, Liquidity Coverage Ratio, Net Stable Funding Ratio and Liquidity Monitoring Tools
- Oversee the preparation of regulatory and internal risk reports for ongoing monitoring and analysis
- Support the provision of data needed for risk purposes, review of internal risk methodologies, setting of risk appetite/control thresholds, stress testing, answering ad-hoc regulatory queries
- Support the preparation of risk updates to risk oversight committees, including the use of any tools
Qualifications for market risk reporting
- Strong proficiency with SQL, VBA and Excel is essential
- Good understanding of Equities, Fixed Income, FX and Commodities products, securities and derivatives
- Ability to execute projects from design, implementation and delivery
- Excellent academic background (preferably Economics, Finance, Engineering, Mathematics or Physics)
- Modify local reports to comply with changing regulations
- Strong responsible team player to covers when team members are on leave